LewisGlasgow

Crude Oil - Bearish 5-0

Short
TVC:USOIL   CFDs on WTI Crude Oil
I'm back with another 5-0 pattern but this time on the 4h timeframe with USOIL .

This pattern is about to complete and I'll be ready to enter this week coming, the 50% retracement is a solid resistance level providing us with an excellent entry point.

The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50

I've got plenty more analysis on the way this week, keep supporting and stay tuned!
📈 Master the Art and Science of Trading: https://www.sixfigurecapital.com

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Comments

im looking this master
+3 Reply
@VAT69, that's looking good, thanks for sharing!
Reply
@VAT69, you've quite sharp eye!
Reply
Thanks, for share
+1 Reply
@alpbay, no problem at all :)
Reply
Thank you for your sharing!
+1 Reply
LewisGlasgow Victor.Y.F
@Victor.Y.F, you're welcome!
Reply
What is the estimated actualization time for $47
Reply
@alpbay, 10 days upon hitting the 50% retracement level
Reply
alpbay LewisGlasgow
Reply
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